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Pharmaceuticals Packing & Labeling Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Pharmaceuticals Packing & Labeling Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | Mar 2015

Clearly labeled: An aging population and broader health coverage will benefit the industry

IBISWorld’s Pharmaceuticals Packing & Labeling Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
9,413
Businesses
197
Industry Analysis & Industry Trends

The Pharmaceuticals Packaging and Labeling Services industry has performed well over the past five years, with minor losses in 2009. Strong growth will continue through 2020, as the number of individuals will healthcare increases as healthcare reform initiatives go into effect and the aging population grows. As patents on brand name drugs expire, the industry will benefit from generic manufacturers that will need industry services. However, this translates to less revenue from brand name pharmaceutical companies as a result of their generally less lucrative contracts.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Pharmaceuticals Packing and Labeling Services industry is in the growth stage of its life cycle. IBISWorld estimates that industry value added (IVA), a measure of the industry's contribution to the overall economy, is projected to increase at annualized rate of 2.6% over the 10 years to 2020, compared with GDP growth of 2.5% over the same period. Typically, an industry is considered to be in a growth phase of its life cycle when IVA outpaces GDP.

Industry growth has and will continue to be driven by outsourcing activity from pharmaceutical companies... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pharmaceuticals Packing & Labeling Services Industry?

This industry provides packing and labeling services for prescription and over-the-counter pharmaceuticals, biologics, consumer health and veterinary products. Industry services may include packaging into blisters, bottles, pouches and unit doses, specialty vial or syringe labeling and kitting for injectables. Secondary packaging services (e.g. putting a bottle of tablets into a box, putting blister packs into a carton) are also included in the industry.

Industry Products
Packaging servicesLabeling servicesOther services
 
Industry Activities
Packaging servicesLabeling servicesOther services


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